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MIQ Supply Chain Logistics

Hong Kong International Airport Closure

  • Supply Chain Alerts

Flights into and out of Hong Kong have been cancelled by the Airport Authority Hong Kong due to the occupation of the airport by protestors. Per the Hong Kong International Airport website today, “Airport operations at Hong Kong International Airport (HKIA) have been seriously disrupted, all flights have been cancelled.”

HKIA, the world’s busiest cargo airport, has seen mass flight cancellations today, with all passenger flights cancelled until tomorrow morning, leading to disruptions of some cargo activities. It is inevitable that this disruption will impact freight operations, though if short-lived, its impact may be minimal.

Noatum Logistics is closely following the situation and will provide updates as received. For more information, please contact your local Noatum Logistics representative.

Retail Imports Remain at Near-Record Levels Despite Tariffs

  • Global Logistics, Ocean Market

Source: National Retail Federation Press Release, August 8, 2019

Imports at the nation’s major retail container ports are expected to continue at near-record levels this month and the remainder of the year despite a new round of tariffs on goods from China, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.

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MIQ Supply Chain Logistics

China Tariffs: USTR Releases First Set of List 3 Exclusions (8th Set Overall)

  • Regulatory Updates, Supply Chain Alerts

On Friday, August 2, 2019, the United States Trade Representative (USTR) office released its first Notice of Product Exclusions to Section 301 List 3 products currently subject to a 25% tariff. This marks the eighth round of exclusions overall.

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MIQ Supply Chain Logistics

Typhoon Update: Lekima Intensifies, Krosa a Lesser Threat

  • Supply Chain Alerts

News and weather reports (https://weather.com/storms/hurricane/) forecast that Typhoon Lekima will move from Japan’s Ryuku Islands to near or just north of Taiwan on Friday, then on to eastern China, including Shanghai, over the weekend. Typhoon Krosa remains primarily in the open waters of the Western Pacific. The Weather Channel reports:

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July 2019 Manufacturing ISM® Report On Business®

  • Economic News

Source: Institute for Supply Management, August 1, 2019

Economic activity in the manufacturing sector expanded in July, and the overall economy grew for the 123rd consecutive month, say the nation’s supply executives in the latest Manufacturing ISM® Report On Business®.

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MIQ Supply Chain Logistics

China Tariffs: USTR Releases First Set of List 2 Exclusions (7th Set Overall)

  • Regulatory Updates, Supply Chain Alerts

On Friday, July 26, 2019, the United States Trade Representative (USTR) office  released its first  Notice of Product Exclusions to Section 301 List 2 products currently subject to a 25% tariff. This marks the seventh round of exclusions overall.

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MIQ Supply Chain Logistics

China Tariffs: A 10% Tariff on List 4 to begin September 1st

  • Regulatory Updates, Supply Chain Alerts

On Thursday, August 1, 2019, the president of the United States announced that a tariff of 10 percent would be placed on $300 billion worth of imports from China as part of the U.S. response to China’s unfair trade practices related to the forced transfer of American technologies and intellectual property.

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July 2019 Logistics Link

  • Logistics Insights

During the month of July 2019, Noatum Logistics (MIQ) was involved in a number of events throughout the logistics industry. Read industry updates, regulatory updates, services offered, and careers at Noatum Logistics (MIQ) in the July 2019 logistics link.

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MIQ Supply Chain Logistics

China Tariffs: USTR Releases Sixth Set of Exclusions

  • Regulatory Updates, Supply Chain Alerts

On Tuesday, July 9, 2019, the United States Trade Representative (USTR) office  released a sixth Notice of Product Exclusions to Section 301 List 1 products currently subject to a 25% tariff.

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Retailers Still Stocking Up Ahead of Possible Tariffs, But More Slowly

  • Global Logistics, Ocean Market

Source: National Retail Federation, July 10, 2019

Imports at the nation’s major retail container ports will remain at high levels this summer but are expected to grow only modestly compared with last year’s rush to bring merchandise into the country ahead of scheduled tariff increases, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.

“Retailers still want to protect their customers against potential price increases that would come with any additional tariffs, but with the latest proposed tariffs on hold for now and warehouses bulging, there’s only so much they can do,” NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said. “We will still see some near-record numbers this summer, but right now no one knows whether there will be additional tariffs or not. We hope the restarted negotiations with China will result in significant reforms rather than more tariffs that tax American companies and consumers.”

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